Finding the best CD rates in your area doesn’t have to be a challenge with us. This is our list of the best CD rates in South Carolina.

Find the best banks in South Carolina here.

Best 6-Month CD Rates in South Carolina

4.0
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Bank or Credit Union Name: Bask Bank

Minimum Amount: $1000.00

APY / Rate: 4.45% APY

Pros:

  • FDIC approved Bank
  • Terms available from 6-24 months
  • Top-tier APY rate with secured return guaranteed
  • Customer-friendly terms

Rules:

  • New customers have to open an account with the bank before investing in Bask Bank’s CDs.
  • CDs can be opened at the bank as well as online
  • The minimum deposit amount of $1000 must be deposited to the account within 10 days of account opening
  • Early withdrawal is subject to a penalty.
  • Investors can withdraw the interest credited to the account without any penalty.
  • There is a 10 days grace period after maturity to make additional deposits to the CD.
4.0
Our Rating

Bank or Credit Union Name: First Internet Bank of Indiana

Minimum Amount: $1000

APY Rate: 4.39%

Pros:

  • Online only banking experience
  • High interest rates
  • Low minimum deposit

Rules:

  • Interest is compounded every month and added to the account at month’s end
  • Early withdrawal are exposed to penalty

Best 12 Month CD Rates in South Carolina

4.0
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Bank or Credit Union Name: North American Savings Bank

Minimum Amount: $5000.00

APY / Rate: 4.86% APY

Pros:

  • Reputed Bank in the region
  • High APY on CDs
  • eBook, “Everything You Need To Know About Certificate of Deposit Accounts” available
  • No limit on beneficiaries
  • FDIC insured.

Rules:

  • Minimum balance must be maintained
  • Early withdrawal penalty equalling 6 months interest
  • 7 days grace period before CD gets auto renewed
  • Terms range from 3 months to 5 years.
4.0
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Bank or Credit Union Name: Popular Direct

Minimum Amount: $1000.00

APY / Rate: 4.39% APY

Pros:

  • Highly competitive rates for 6-month CDs
  • 24/7 access to the bank account
  • No hidden fees or charges
  • Customer support for all sorts of queries and concerns
  • FDIC insured bank up to maximum

Rules:

  • APY can be earned assuming the interest and the principal remains on deposit until maturity.
  • Interest is compounded monthly and added to the account at the end of the month.
  • Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD

Best 3 Years CD Rates in South Carolina

4.0
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Bank or Credit Union Name: Alliant Credit Union

Minimum Amount: $1000.00

APY / Rate: 4.60% APY

Pros:

  • Funds are insured up to $250,000 by NCUA
  • Low minimum deposit of only $1,000; no maximum
  • Great dividend rates

Rules:

  • Dividends compounded every month and at maturity.
  • Incur an early withdrawal penalty
4.0
Our Rating

Bank or Credit Union Name: Bread Savings

Minimum Amount: $1500

APY / Rate: 4.50% APY

Pros:

  • Excellent for earning a competitive interest rate on a savings account or CD.
  • Without monthly services.
  • Free domestic incoming wire transfers on savings account

Rules:

  • APYs are subject to change at any time without notice
  • The penalty will be applied for early withdrawals on CDs
  • At maturity, your CD will automatically renew and earn the base interest rate

Best 5 Years CD Rates in South Carolina

4.0
Our Rating

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10000.00

APY / Rate: 4.55% APY

Pros:

  • Highly competitive rates for 6-month CDs
  • 24/7 access to the bank account
  • No hidden fees or charges
  • Customer support for all sorts of queries and concerns
  • FDIC insured bank up to maximum

Rules:

  • APY can be earned assuming the interest and the principal remains on deposit until maturity.
  • Interest is compounded monthly and added to the account at the end of the month.
  • Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD
4.0
Our Rating
BMO Harris Bank

Bank or Credit Union Name: BMO Harris

Minimum Amount: $1000

APY / Rate: 4.50%

Pros:

  • Competitive CD rates
  • Decent minimum balance requirement
  • Easy CD withdrawal methods
  • 3-months to 60-month term available

Rules:

  • A CD can be opened via mobile, online,, or telephone.
  • The interest on the CD is compounded monthly and added to the account on a fixed date every month.
  • There is a penalty for early withdrawal which depends on the term and amount of the CD.
  • Any changes to the CD regarding the amount or term can be made within the grace period of penalty days post maturity.